Bearish Cypher pattern
in all hourly time frame, not only BLZ but most of alts is in oversold area. But, selling pressure is still high, cause of BTC Domination. You can see BTC rally but Alts bleeding, support by support broken
You can try to entry Long at 0.05 - 0.052
SL 0.045
TP max 0.15 - 0.16 area, you can set your own TP
I dont know the bottom if 0.05 still break
DWYOR
in all hourly time frame, not only BLZ but most of alts is in oversold area. But, selling pressure is still high, cause of BTC Domination. You can see BTC rally but Alts bleeding, support by support broken
You can try to entry Long at 0.05 - 0.052
SL 0.045
TP max 0.15 - 0.16 area, you can set your own TP
I dont know the bottom if 0.05 still break
DWYOR
Comment:
BLZ reached 0.055 area from 0.05, congrats
Comment:
Take Your profit, I think it will go lower again under 0.05
Comment:
OMG, BLZ breakout. It need to stay above 0.6 to move higher. Or another retest yellow line
Comment:
BLZ reached 0.77